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Growth entrepreneurship and venture capital in Israel

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With six million inhabitants and an area half the size of the Netherlands, Israel has demonstrated an impressive ability to adapt to changes in a multicultural and multi-religious environment. As is the case with most industrial countries, there has been an increasing interest in recent months in the topic of the New Economy and Israel has not escaped its rapid emergence. This process has happened in an environment which may not, at a first glance, be considered particularly suitable. The author does not tackle here the political issues, even if they undoubtedly have an impact on the economic life of the country, but rather she looks at a variety of indicators in order to better understand the climate for entrepreneurship and business creation at the present time. After a brief review of the general context, the author comments on some key points as follows: availability of resources (venture capital), government assistance and the path to value creation through stock markets.

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